Arthur J. Gallagher & Co. Acquires Mavco Insurance Group

PR Newswire

ROLLING MEADOWS, Ill. , May 15, 2023 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Perth , Western Australia -based Mavco Insurance Group. Terms of the transaction were not disclosed.

Mavco is a general insurance broker and risk management firm serving corporate clients throughout Australia and internationally. Mavco's areas of expertise include construction, health, engineering, mining and financial services. Jonathan Winter , Daniel Waters , Stephen Hughes , Rodney Aylmore and their team will relocate to Gallagher's Perth and Adelaide offices under the direction of Sarah Lyons , head of retail property/casualty brokerage operations for Gallagher in Australia .

"Mavco has an excellent record of growth and client-focused service, and their market expertise will expand our capabilities in the region," said J. Patrick Gallagher, Jr. , Chairman, President and CEO. "I am very pleased to welcome Jonathan, Daniel, Stephen, Rodney and their associates to our growing, global team."

Arthur J. Gallagher & Co. (NYSE:AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois . Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants.

SOURCE Arthur J. Gallagher & Co.